Lowe's Companies, Inc. (LOW)

Lowe's Companies Income Statement

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2025	Feb 2, 2024	Feb 3, 2023	Jan 28, 2022	Jan 29, 2021
Revenue	83,674	86,377	97,059	96,250	89,597
Revenue Growth (YoY)	-3.13%	-11.01%	0.84%	7.42%	24.19%
Cost of Revenue	55,797	57,533	64,802	64,194	60,025
Gross Profit	27,877	28,844	32,257	32,056	29,572
Selling, General & Admin	15,505	15,468	18,271	18,301	18,526
Operating Expenses	17,234	17,185	20,037	19,963	19,925
Operating Income	10,643	11,659	12,220	12,093	9,647
Interest Expense	-1,472	-1,483	-1,160	-897	-872
Interest & Investment Income	159	101	37	12	24
EBT Excluding Unusual Items	9,330	10,277	11,097	11,208	8,799
Asset Writedown	-	-	-2,061	-	-
Other Unusual Items	-177	-102	-	-	-1,060
Pretax Income	9,153	10,175	9,036	11,208	7,739
Income Tax Expense	2,196	2,449	2,599	2,766	1,904
Net Income	6,957	7,726	6,437	8,442	5,835
Preferred Dividends & Other Adjustments	17	20	21	33	24
Net Income to Common	6,940	7,706	6,416	8,409	5,811
Net Income Growth	-9.95%	20.03%	-23.75%	44.68%	36.30%
Shares Outstanding (Basic)	567	582	629	696	748
Shares Outstanding (Diluted)	568	584	631	699	750
Shares Change (YoY)	-2.74%	-7.45%	-9.73%	-6.80%	-3.60%
EPS (Basic)	12.24	13.24	10.20	12.08	7.77
EPS (Diluted)	12.23	13.20	10.17	12.04	7.75
EPS Growth	-7.35%	29.79%	-15.53%	55.35%	41.17%
Free Cash Flow	7,698	6,176	6,760	8,260	9,258
Free Cash Flow Per Share	13.55	10.57	10.71	11.82	12.34
Dividend Per Share	4.550	4.350	3.950	3.000	2.300
Dividend Growth	4.60%	10.13%	31.67%	30.44%	7.98%
Gross Margin	33.32%	33.39%	33.23%	33.30%	33.01%
Operating Margin	12.72%	13.50%	12.59%	12.56%	10.77%
Profit Margin	8.29%	8.92%	6.61%	8.74%	6.49%
Free Cash Flow Margin	9.20%	7.15%	6.97%	8.58%	10.33%
EBITDA	12,615	13,582	14,201	13,975	11,241
EBITDA Margin	15.08%	15.72%	14.63%	14.52%	12.55%
D&A For EBITDA	1,972	1,923	1,981	1,882	1,594
EBIT	10,643	11,659	12,220	12,093	9,647
EBIT Margin	12.72%	13.50%	12.59%	12.56%	10.77%
Effective Tax Rate	23.99%	24.07%	28.76%	24.68%	24.60%
Advertising Expenses	921	831	869	877	798

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q